CLARK COUNTY REMC

EIN: 350230915

SELLERSBURG, IN

Total Revenue
$77,255,931
Total Expenses
$72,180,184
Total Assets
$173,526,905
Net Assets
$86,790,997
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
IN
Principal Officer
JASON S CLEMMONS
Phone
8122463316
Tax Period
2025-01-01 to 2025-12-31

CLARK COUNTY REMC, founded in 1939, is a mid-sized nonprofit that reported $77.3M in total revenue in fiscal year 2025. Expenses of $72.2M left a modest 7% surplus.

Mission

TO EFFICIENTLY DELIVER SAFE,RELIABLE ELECTRIC SERVICE TO OUR MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $74,027,330
Investment Income $15,661
Other Revenue $3,212,940
TOTAL REVENUE $77,255,931

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,520,223
Fundraising Expenses $0
Program Expenses $72,180,184
Other Expenses $65,659,961
TOTAL EXPENSES $72,180,184

Year-over-Year Comparison

2025 2024 Change
Revenue $77,255,931 $74,547,968 +0.0%
Expenses $72,180,184 $69,406,936 +0.0%
Net Income $5,075,747 $5,141,032 0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
59
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$942,311
Total Directors
7
$106,212
Key Employees
1
$442,591
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN R BIESEL PRESIDENT 6.35
Officer Director
$16,961 $0 $16,961
JEFFREY A MYERS VICE PRESIDENT 5.03
Officer Director
$16,140 $0 $16,140
JOSEPH W BASHAM SECRETARY-TREASURER 6.01
Officer Director
$15,832 $0 $15,832
STEVEN G DIETERLEN DIRECTOR 7.50
Director
$13,103 $0 $13,103
PAUL A GRAF DIRECTOR 5.96
Director
$15,121 $0 $15,121
JAMES GREGORY HOSTETTLER DIRECTOR 5.97
Director
$13,555 $0 $13,555
MARK A HUBER DIRECTOR 5.03
Director
$15,500 $0 $15,500
JASON CLEMMONS CHIEF EXECUTIVE OFFICER 50.00
Officer Key Emp
$264,974 $177,617 $442,591
THERA DESMOND ADMIN. ASST./ASST. SECRETARY 40.00
Officer
$99,091 $39,558 $138,649
JEREMY R MILLER MGR. OF FINANCE & ADMIN./ASST. TREASURER 50.00
Officer
$210,098 $102,040 $312,138
NASH SUMMERS MGR. OF OPERATIONS & ENGINEERING 50.00
Highest
$189,211 $76,670 $265,881
KEVIN CROUSE SR WORKING FOREMAN 51.00
Highest
$167,158 $94,599 $261,757
KEVIN KASTENSMIDT MGR. OF INFORMATION TECHNOLOGY 50.00
Highest
$164,665 $71,806 $236,471
JERRY APPLEGATE WORKING FOREMAN 52.00
Highest
$163,178 $61,567 $224,745
WYATT BINKLEY JOURNEYMAN LINEMAN 52.00
Highest
$158,665 $23,988 $182,653
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $77,255,931 $72,180,184 $173,526,905 $5,075,747
2024 $74,547,968 $69,406,936 $165,310,986 $5,141,032
2023 $71,631,326 $66,089,510 $160,246,324 $5,541,816
2022 $68,579,271 $62,304,098 $158,055,649 $6,275,173
2021 $61,267,115 $58,109,782 $150,145,404 $3,157,333
2020 $60,296,021 $57,702,167 $145,906,290 $2,593,854
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